For the year ending 2025-12-31, MQ has $1,525,033K in assets. $763,076K in debts. $709,443K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 709,443 | 923,016 | 980,972 | 1,183,846 |
| Restricted cash | 307,593 | 8,500 | 8,500 | 7,800 |
| Short-term investments | 62,483 | 179,409 | 268,724 | 440,858 |
| Accounts receivable, net | 41,422 | 29,988 | 19,540 | 15,569 |
| Settlements receivable, net | 18,037 | 16,203 | 29,922 | 18,028 |
| Network incentives receivable | 61,059 | 66,776 | 53,807 | 42,661 |
| Prepaid expenses and other current assets | 35,278 | 25,405 | 27,233 | 38,007 |
| Total current assets | 1,235,315 | 1,249,297 | 1,388,698 | 1,746,769 |
| Other assets | - | - | - | 7,122 |
| Operating lease right-of-use assets, net | 8,275 | 2,712 | 6,488 | 9,015 |
| Property and equipment, net | 59,910 | 37,523 | 18,764 | 7,440 |
| Total finite-lives intangible assets gross | 48,059 | - | - | - |
| Accumulated amortization | 18,554 | - | - | - |
| Total finite-lived intangible assets, net | 29,505 | - | - | - |
| Emi licenses-EMILicense | 21,883 | - | - | - |
| Intangible assets, net | 51,388 | 29,774 | 35,631 | - |
| Goodwill | 154,706 | 123,523 | 123,523 | - |
| Equity method investment | - | - | - | 0 |
| Other assets | 15,439 | 20,375 | 16,587 | - |
| Total assets | 1,525,033 | 1,463,204 | 1,589,691 | 1,770,346 |
| Accounts payable | 1,847 | 527 | 1,420 | 3,798 |
| Revenue share payable | 224,526 | 193,399 | 173,645 | 142,194 |
| Funds payable and amounts due to customers | 306,891 | - | - | - |
| Accrued expenses and other current liabilities | 215,793 | 177,059 | 161,514 | 136,887 |
| Total current liabilities | 749,057 | 370,985 | 336,579 | 282,879 |
| Operating lease liabilities, net of current portion | 5,535 | 870 | 5,126 | 9,034 |
| Other liabilities | 8,484 | 6,331 | 4,591 | 5,477 |
| Total liabilities | 763,076 | 378,186 | 346,296 | 297,390 |
| Common stock, 0.0001 par value 1,500,000 and 1,500,000 class a shares authorized, 399,392 and 470,824 shares issued and outstanding as of december31, 2025 and december31, 2024, respectively. 600,000 and 600,000 class b shares authorized, 32,864 and 33,472 shares issued and outstanding as of december31, 2025 and december31, 2024, respectively | 43 | 50 | 52 | 53 |
| Additional paid-in capital | 1,572,238 | 1,883,190 | 2,067,776 | 2,082,373 |
| Accumulated other comprehensive income (loss) | 1,509 | -314 | 762 | -7,237 |
| Accumulated deficit | -811,833 | -797,908 | -825,195 | -602,233 |
| Total stockholders equity | 761,957 | 1,085,018 | 1,243,395 | 1,472,956 |
| Total liabilities and stockholders equity | 1,525,033 | 1,463,204 | 1,589,691 | 1,770,346 |
Marqeta, Inc. (MQ)
Marqeta, Inc. (MQ)